406 Main StKamiah, ID 83536

  • Office properties
  • 0.11 AC
For Sale
$395,000 View listing

Property Details for 406 Main St

Year built
1957
Lot size
0.11 AC
Property type
Office properties
APN
RPK0210009005A
APU
RPK0210009005A

Description

This exceptional commercial property, located at 406 Main St. in the vibrant town of Kamiah, Idaho, presents a unique investment opportunity. Situated on a conveniently sized 0.11-acre lot, this general commercial building offers significant potential for a variety of business ventures. The property's address places it in a high-traffic area, ensuring excellent visibility and accessibility for customers. While the square footage is currently unavailable, the substantial lot size allows for potential expansion or redevelopment, catering to a range of business needs. The asking price of $395,000 represents a compelling entry point into the Kamiah commercial real estate market. This property is ready for immediate occupancy and presents a blank canvas for entrepreneurs seeking a strategic location to establish or expand their business. Its central location within Kamiah offers easy access to local amenities, a strong community base, and ample opportunities for growth. Serious inquiries are encouraged to explore the possibilities this property offers. The absence of specified square footage provides flexibility for various business plans, making this a truly versatile investment. Don't miss this chance to secure a prime commercial location in a thriving Idaho community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $908,330
    6.5%
    $838,459
    7%
    $778,569
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,054,110
    Geo Method
    $1,054,110
  • Alternative Use

    Use
    Valuation
    Residential
    $1,039,689
    Hospitality
    $952,349
    Educational
    $792,344
    Medical
    $819,593
    Retail
    $1,232,534

Location Insight

City
Kamiah
County
Lewis
State
Idaho
Latitude
46.2279
Longitude
-116.028

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,080
$46,186
$189,041
$235,227
-
$46,186
$189,041
$235,227

FAQs

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